Cover Technologies' market value is the price at which a share of Cover Technologies trades on a public exchange. It measures the collective expectations of Cover Technologies investors about its performance. Cover Technologies is trading at 0.0995 as of the 11th of December 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0995. With this module, you can estimate the performance of a buy and hold strategy of Cover Technologies and determine expected loss or profit from investing in Cover Technologies over a given investment horizon. Check out Cover Technologies Correlation, Cover Technologies Volatility and Cover Technologies Alpha and Beta module to complement your research on Cover Technologies.
Please note, there is a significant difference between Cover Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cover Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cover Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cover Technologies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cover Technologies' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cover Technologies.
0.00
09/12/2025
No Change 0.00
0.0
In 3 months and 1 day
12/11/2025
0.00
If you would invest 0.00 in Cover Technologies on September 12, 2025 and sell it all today you would earn a total of 0.00 from holding Cover Technologies or generate 0.0% return on investment in Cover Technologies over 90 days. Cover Technologies is related to or competes with Silver Elephant, and Pan American. Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions More
Cover Technologies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cover Technologies' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cover Technologies upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cover Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cover Technologies' standard deviation. In reality, there are many statistical measures that can use Cover Technologies historical prices to predict the future Cover Technologies' volatility.
Cover Technologies secures Sharpe Ratio (or Efficiency) of -0.0549, which signifies that the company had a -0.0549 % return per unit of risk over the last 3 months. Cover Technologies exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cover Technologies' Risk Adjusted Performance of (0.08), mean deviation of 0.0301, and Standard Deviation of 0.1388 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.005, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cover Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cover Technologies is expected to be smaller as well. At this point, Cover Technologies has a negative expected return of -0.0077%. Please make sure to confirm Cover Technologies' variance, as well as the relationship between the skewness and day typical price , to decide if Cover Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.49
Modest reverse predictability
Cover Technologies has modest reverse predictability. Overlapping area represents the amount of predictability between Cover Technologies time series from 12th of September 2025 to 27th of October 2025 and 27th of October 2025 to 11th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cover Technologies price movement. The serial correlation of -0.49 indicates that about 49.0% of current Cover Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.49
Spearman Rank Test
-0.03
Residual Average
0.0
Price Variance
0.0
Cover Technologies lagged returns against current returns
Autocorrelation, which is Cover Technologies pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cover Technologies' pink sheet expected returns. We can calculate the autocorrelation of Cover Technologies returns to help us make a trade decision. For example, suppose you find that Cover Technologies has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Cover Technologies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cover Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cover Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cover Technologies pink sheet over time.
Current vs Lagged Prices
Timeline
Cover Technologies Lagged Returns
When evaluating Cover Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cover Technologies pink sheet have on its future price. Cover Technologies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cover Technologies autocorrelation shows the relationship between Cover Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cover Technologies.
Other Information on Investing in Cover Pink Sheet
Cover Technologies financial ratios help investors to determine whether Cover Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cover with respect to the benefits of owning Cover Technologies security.